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Accounting

29 / 01 / 2015 by Greg Freyman, CPA in Bookkeeping

A New Way To Record Payroll in QuickBooks

Staff accountants and bookkeepers using payroll in QuickBooks can record all of their entries to wages and taxes payable, while also grossing up payroll as infrequently as once a month, quarter, or year. This can be a significant time saver, especially when the month to month reporting is not needed.

However, when reporting on a weekly, monthly or quarterly basis to senior management, bookkeepers may need to record the payroll systematically each and every single pay day. In this article, I will explain how to record payroll in QuickBooks with minimal effort.

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